investment adviser agent

An investment adviser agent includes any individual employed, appointed or authorized by an investment adviser 1) to solicit business on a compensated basis for the adviser within or from Connecticut; or 2) who is compensated for rendering advice on securities to clients. A sole proprietor of an investment adviser is not an investment adviser agent. Corporate officers and partners of a partnership may be investment adviser agents if they perform the functions of investment adviser agents. Investment advisers may only employ investment adviser agents in Connecticut if the investment adviser agents are registered under the Connecticut Uniform Securities Act. Investment adviser agent registration may be required even if the investment adviser is SEC-registered.